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Abu-Dhabi Company To Take 9.1 percent stake in Daimler AG

Abu-Dhabi Company To Take 9.1 percent stake in Daimler AG

Aabar Investment PJSC has announced it will pay almost 2 billion euro (approx. $2.72 billion) to take a 9.1 percent stake in Daimler AG, the parent company of the Mercedes-Benz luxury marque. This will make Aabar Mercedes-Benz' largest single shareholder. Aabar is itself an investment vehicle... read more

March 23, 2009 by - 0
2009 Honda Accord

U.S. Honda Plants Snag EPA Energy Star Awards

By curbing the energy used in its manufacturing operations at plants in Ohio and Alabama, Honda announces today that it's the recipient of U.S. EPA Energy Star awards. Honda... read more February 19, 2009 by 0

2010 Ford Fusion

Ford Gets $55 Million Tax Incentive For Electric Development

Today Ford announced it is the recipient of a $55 Million tax incentive - a refundable tax credit - from the state of Michigan. The money will be channeled through the newly... read more February 17, 2009 by 1


Feds Roll Out Auto Theft, Fraud Prevention Web Site

Today the U.S. Department of Justice rolled out the NMVTIS, or National Motor Vehicle Title Information System. It is designed to protect consumers from auto fraud as well as... read more January 29, 2009 by 0


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